Effortless expense management
Skovik's global expense management solution automates tedious expense processes for mid-size companies and enterprises, ensuring compliance and freeing up time for both employees and finance teams.
Trusted by thousands of companies
One solution for all expenses
Free up time for employees. On average, employees complete their reports in three minutes, allowing them to focus on more important tasks.
Intelligent expense reporting
Submit expenses from anywhere. Snap a photo of the receipts, or forward them via e-mail, and our AI-powered technology will extract all essential data for you.
Calculate per diems automatically
Skovik calculates the reimbursable amounts for journeys, whether they are single or multi-destination, while maintaining up-to-date rules and regulations.
Easy tracking of mileage
Calculate mileage expenses by entering starting point and destinations — whether for multi-leg journeys or one-way trips. Rules and regulations are kept up-to-date.
Automated card reconciliation
Fetch corporate card transactions and invoices from any bank with our open API. Keep track of spending by letting Skovik match card transactions with receipts.
Effortless usage meets perfect compliance
An average employee needs three minutes to submit their expenses with Skovik. Claim back countless hours with our intuitive expense management tool that everyone can use without lengthy trainings.
Put an end to unnecessary administration with intelligent approvals, while ensuring maximum level of compliance against local regulations. Detect and flag any out-of-policy expenses automatically.
Handle tax rules in multiple countries and become compliant everywhere with one single solution. Set up approval processes across country entities.
Intelligent budget and cost controls
Control costs by automatically detecting errors and out-of-policy expenditure, and route expenses to the right people for approval.
The right amount of control every time
Advanced policy settings and error detection help minimise overspending and flag questionable items. Employees submit more accurate reports, and you will more easily identify errors while spending less time searching for them.
Approval workflow done right
Use policies and custom rules to initiate the appropriate approval workflow, ensuring that the right individuals review reports. For less critical items, implement random sampling to streamline the process further.
Gain full transparency
Monitor all relevant events in the system, from expense report modifications to adjustments of system settings and access logs. Identify issues and maintain accountability.
Harmonise across business units
Manage all entities from a central hub. Let approval workflows go across entities, establish shared service functions and implement unified polices.
Global compliance with local expertise
Implement tax rule setups according to all local country jurisdictions. Deduct the correct share of costs and VAT, calculate per diems and mileage, and track employee benefits. Achieve it in an employee-friendly way that demands minimal input and zero specialised knowledge from employees.
Skovik can estimate the CO₂ emissions based on your travel expense data, helping you get a grip on the necessary carbon reporting with no manual work. Skovik uses carefully designed models to estimate the climate impact of every trip.
Claiming foreign VAT is a missed opportunity for many businesses. Skovik connects you to a network of VAT partners who can help you reclaim foreign VAT without hassle.
Specialists at your service
Let our specialists help you implement best-in-class processes and get the most out of Skovik. They'll fast-track your onboarding and stand by you even after the system is up and running. Count on us for helping you continuously improve.
Protect your data
Keep your account secure and ensure that the right people have permission to access specific data with features like Single Sign-On, employee roles and audit logs.